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Version date: 26 October 2023 - onwards
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128 Power for HMRC to obtain accounts

After section 10F of the Limited Partnerships Act 1907 (inserted by section 125 of this Act) insert -

"Power for HMRC to obtain accounts

10G Power for HMRC to obtain accounts

(1) HMRC may by notice in writing require the general partners in a limited partnership to -

(a) prepare accounts in accordance with regulations made by the Secretary of State for the purposes of this paragraph;

(b) deliver those accounts to HMRC, together with -

(i) an auditor's report prepared in accordance with regulations made by the Secretary of State for the purposes of this sub-paragraph;

(ii) such supporting evidence as may be required by regulations made by the Secretary of the State for the purposes of this sub-paragraph.

(2) A requirement under this section may specify -

(a) the period to which the accounts must relate;

(b) the form and manner in which the documents are to be delivered;

(c) the period within which they are to be delivered.

(3) HMRC may by notice in writing extend a period specified in a

Comparing proposed amendment...